SAP (ETR:SAP) has been given a €120.00 ($139.53) target price by research analysts at Main First Bank in a report issued on Monday. The brokerage presently has a “buy” rating on the technology company’s stock. Main First Bank’s price objective would suggest a potential upside of 30.61% from the company’s current price.

SAP has been the subject of several other reports. Baader Bank set a €112.00 ($130.23) price objective on SAP and gave the stock a “buy” rating in a research report on Monday, October 8th. Royal Bank of Canada set a €110.00 ($127.91) price objective on SAP and gave the stock a “neutral” rating in a research report on Tuesday, October 16th. JPMorgan Chase & Co. set a €115.00 ($133.72) target price on SAP and gave the company a “buy” rating in a research report on Friday, October 12th. Nord/LB set a €110.00 ($127.91) target price on SAP and gave the company a “buy” rating in a research report on Friday, October 19th. Finally, Berenberg Bank set a €106.00 ($123.26) target price on SAP and gave the company a “buy” rating in a research report on Friday, July 20th. Five research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of €113.33 ($131.78).

SAP stock opened at €91.88 ($106.84) on Monday. SAP has a 1-year low of €81.37 ($94.62) and a 1-year high of €100.70 ($117.09).

SAP Company Profile

SAP SE operates as an enterprise application software, and analytics and business intelligence company worldwide. It offers SAP HANA, which enables businesses to process and analyze live data; SAP Data Hub, a solution that enables businesses to manage data from various sources; SAP Cloud Platform, which enables businesses to connect and integrate applications; SAP BW/4HANA, a data warehouse solution; SAP Leonardo, a system that enables customers to make business sense and opportunity of disruptive technologies; and SAP Analytics Cloud, which leverages the intersection of business intelligence, planning, and predictive analytics.

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Analyst Recommendations for SAP (ETR:SAP)

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